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The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial ...
Volvo Car AB, [2] trading as Volvo Cars (Swedish: Volvo personvagnar, styled VOLVO in the company's logo) is a Swedish multinational manufacturer of luxury vehicles. Volvo is headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans.
Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present) Geely through Volvo Cars in 2015 (1996–2017) as tuner and racing team Scania AB (1911–present) Traton of Volkswagen Group: Volvo Group (1927–present) [1] Volvo Cars (1927–present) Geely (2010–present) Acquired by Ford from Volvo Group in 1999 ...
In 2009 Ford sold Volvo Cars to Chinese Zhejiang Geely Holding Group. Volvo Cars is the first western automotive manufacturer owned by a Chinese company. [14] In 2008 General Motors (GM) decided to either sell or, if no suitable buyer turned up, kill off Saab Automobile. First prospective buyer was Swedish supercar manufacturer Koenigsegg.
This list displays all Swedish companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in billions of US dollars and are for the fiscal year 2022. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Volvo Cars on Wednesday ... The Swedish automaker said it now aims for between 90% and 100% of its car sales to be fully electric or plug-in hybrid models by 2030. The company now says that up to ...
The company's woes come as wider EV sales dropped across Europe in 2024, ... Swedish brand Volvo, ... Volvo's EX30 is one of a number of cheaper EVs being rolled out by Tesla's rivals in Europe.
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